MONTREAL, Quebec,July 6 2006 --- BCE Inc. (TSX, NYSE: BCE)
announced today that under new settlement rules issued by the Toronto Stock
Exchange (TSX) yesterday, BCE common shares will trade on an ex-distribution
basis on the TSX on market opening on July 11, 2006, as it relates to the
distribution of Bell Aliant Regional Communications Income Fund units (Units)
to its shareholders pursuant to its plan of arrangement (BCE Arrangement).
    Trades in BCE common shares that occur on July 6, 7, and 10, 2006 will
have an accelerated cash settlement date of July 10, 2006, thereby permitting
purchasers to participate in the BCE Arrangement.

    BCE Caution Concerning Forward Looking Statements

    Certain statements made in this press release, including, but not limited
to, the proposed distribution of Units to BCE common shareholders, the
proposed common share consolidation, the anticipated ex-distribution date of
trading for BCE common shares, and other statements that are not historical
facts, are forward-looking statements and are subject to important risks,
uncertainties and assumptions. In particular, in making these statements, BCE
has assumed, among other things, that the proposed transactions and subsequent
distribution by BCE of Units and the common share consolidation will receive
the required regulatory and other approvals and that the other conditions to
the transactions will be satisfied or waived in accordance with their terms.
The results or events predicted in these forward-looking statements may differ
materially from actual results or events. As a result, readers are cautioned
not to place undue reliance on these forward-looking statements.
    For additional information with respect to certain of these and other
assumptions and risk factors, please refer to (i) BCE Inc.'s MD&A for the year
ended December 31, 2005 dated March 1, 2006 filed by BCE Inc. with the
Canadian securities commissions (available on BCE's website at www.bce.ca and
on SEDAR at www.sedar.com), and with the U.S. Securities and
Exchange
Commission under Form 40-F (available on EDGAR at www.sec.gov), as
updated in
BCE Inc.'s 2006 First Quarter MD&A dated May 2, 2006, and (ii) the management
proxy circular of BCE dated April 12, 2006 which has also been filed with
these regulatory authorities. The forward-looking statements contained in this
press release represent BCE's expectations as of July 5, 2006 and,
accordingly, are subject to change after such date. However, BCE disclaims any
intention and assumes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
    This press release does not constitute an offer to sell, or a
solicitation of an offer to buy, Units. The Units have not been and will not
be registered under the U.S. Securities Act of 1933 and may not be offered or
sold in the United States absent registration or an applicable exemption from
the registration requirement of such Act.

    About BCE Inc.

    BCE is Canada's largest communications company. Through its 28 million
customer connections, BCE provides the most comprehensive and innovative suite
of communication services to residential and business customers in Canada.
Under the Bell brand, the Company's services include local, long distance and
wireless phone services, high-speed and wireless Internet access, IP-broadband
services, information and communications technology services (or value-added
services) and direct-to-home satellite and VDSL television services. Other BCE
businesses include Canada's premier media company, Bell Globemedia, and
Telesat Canada, a pioneer and world leader in satellite operations and systems
management. BCE shares are listed in Canada, the United States and Europe.



For further information: For media inquiries, please contact: Pierre
Leclerc Bell Canada, Media Relations (416) 581-3311, 1-888-482-0809,
pierre.leclerc@bell.ca; For investor inquiries, please
contact: Thane
Fotopoulos BCE, Investor Relations, (514) 870-4619,
thane.fotopoulos@bell.ca